EURUSD,W1 Chart Discussion

heruiqbal
heruiqbal Feb 13, 2013 at 16:01
All .. I've explained how the best strategy to win forex through charting analysis in the time frame M5.
If you are diligent to enter, just when the candle out of the EMA area, then I am sure you will continue to win.
Disadvantages of this system is that you must have a strong feeling. Additionally your eyes must always be vigilant attention candle, to immediately close your order if the market suddenly reversed course.
If you are ready for it, I am sure you will always win. If defeated, the defeat was not much.

Again, pay attention and learn good charting below:
heruiqbal
heruiqbal Feb 13, 2013 at 16:11
If you do not understand, do not hesitate to ask me here. I will gladly explain it to you. :-)
bennyblanco4X
bennyblanco4X Feb 14, 2013 at 00:03
I am trying to understand how the green and red dots are on your graph? Do you manually put them in? Or are they automated?
Jaxreach72
Jaxreach72 Feb 09, 2013 at 18:44
happy chinese new year mate, and good luck :)
heruiqbal
heruiqbal Feb 09, 2013 at 14:31
恭喜發財 ~ Kiong hi fat choi
Selamat dan Semoga kita semua banyak rejeki
Happy Chinese New Year. May better luck come into us in this new year.
Jaxreach72
Jaxreach72 Feb 09, 2013 at 18:45
habby chinese new yaer bub, and good luck :P
CESTRADES
CESTRADES Feb 10, 2013 at 20:19
IMHO; the EUR, as I trade the EUR/JPY pair, will likely retace to the 1.30 psy mark, unless some good news from the zone changes it.
Chuks
Chuks Feb 13, 2013 at 06:31
Agreed. I am personally short from 1.3451 with targets at 1.3250 and 1.3130. Will long there after
heruiqbal
heruiqbal Feb 07, 2013 at 17:02
Learning from my mistakes tonight, if you want to Open Buy, then wait until the price has been reached 1.34507, with a target profit at 1.34987, 1.35121 or 1.35285. I hope you have better lucky than me.

heruiqbal
heruiqbal Feb 07, 2013 at 16:00
Pfuf.. If only I was more confident with the results of the technical analysis from Heru Iqbal, rather than trusting the signal calculations. Maybe now I get a profit. instead of getting a margin call. :(
heruiqbal
heruiqbal Feb 07, 2013 at 14:41
Let's try again. I hope this night is my lucky day.
heruiqbal
heruiqbal Feb 07, 2013 at 14:25
I waited so long for this signal, ..and finally the 'BUY' signal coming too .. But.. i'm loss - $10 !! :-(

heruiqbal
heruiqbal Feb 06, 2013 at 16:42
Guys, One of the difficulties we are in trading forex, is when we must enter ? After that when we have to exit ?

I tried to find the answer by way of try and error. And finally, i found a technique that might be the most sensible.

The trick is:

1. Open new chart in Time Frame M5
2. Insert "Uptrend Line" Indicator with parameter:
Moving avarege Period: 58
Moving avarege method: of Exponential
Moving avarege Apply to Median Price.
3. Insert "Downtrend Line" Indicator with parameter:
Moving avarege Period: 84
Moving avarege method: of Exponential
Moving avarege Apply to Median Price.
4. Insert "Target Line" Indicator with parameter:
Moving avarege Period: 584
Moving avarege method: of Exponential
Moving avarege Apply to Median Price.

The theory is:
Entry order BUY should only be carried out:
1. If the price is below the Target Line.
2. and only if the candle had gone into the area between the Downtrend line and the Uptrend line, then got out of the Downtrend line.
3. Set Target Profit with Target Line Value.

Entry order SELL should only be carried out:
1. If the price is above the Target Line.
2. and only if the candle had gone into the area between the Uptrend line and the Downtrend, then got out of the uptrend line.
3. Set Target Profit with Target Line Value.

If prices are able to reach the target, then do not do the order again, unless the above conditions are met.

To prove this theory, let us look at the following picture.

http://dl.dropbox.com/u/3351822/entriandexit.gif

If this theory is proven, and price can reach the target, then Forex is not a gambling game.
heruiqbal
heruiqbal Feb 09, 2013 at 15:01
You see it.. This theory was correct. This means that Forex is not a gambling game. But can we expect, but be patient.. :-)
heruiqbal
heruiqbal Feb 09, 2013 at 15:42
@BR03: OK lah kalo begitu, aku bikin Versi Indonya ya.

Jadi begini, sebetulnya kita bisa mendeteksi trend akan naik atau turun, cukup dengan melihat posisi candle terhadap Bollinger Band dan indikator EMA yang dipasang chart di TF M5.

Untuk itu langkah-langkahnya adalah:
1. Buka chart di Time Frame M5
2. Lalu buatlah "Uptrend Line" dengan parameter :
Period: 58
Method: Exponential
Apply to: Median Price.
3. Lalu buatlah "Downtrend Line" dengan parameter:
Period: 84
Method: Exponential
Apply to: Median Price.
4. Lalu buat lagi "Target Uptrend" dengan parameter:
Period: 584
Method: of Exponential
Apply to: Median Price.
5. Lalu buat lagi "Target Uptrend" dengan parameter:
Period: 584
Method: of Exponential
Apply to: Median Price.
6. Masukan Bollinger Band Indikator dengan parameter:
Band Period : 580
Band Shift : 0
Bands Deviation: 1.0

Setelah itu semua kita siapkan, sekarang kita perhatikan baik-baik.

Jika candle bergerak dari bawah, lalu masuk ke area antara Downtrend Line dan Uptrend Line, lalu setelah itu keluar lagi dan terus keatas, berarti kita harus membuka order BUY dengan target sesuai dengan nilai Target Uptrend, atau nilai Batas Atas Bollinger Bandsnya.

lalu..

Jika candle bergerak dari atas, lalu masuk ke area antara Uptrend Line dan Downtrend Line, terus keluar dari area dan terus ke bawah. Berarti kita harus membuka order SELL dengan target sesuai dengan nilai Target Downtrend, atau nilai Batas Bawah Bollinger Bands.

Sekarang, mari kita amati baik-baik gambar yang ada dibawah ini :
http://dl.dropbox.com/u/3351822/endchartfeb913.gif

Gambar diatas adalah posisi terakhir minggu ini dari Chart EURUSD.
Anda bisa lihat, bahwa kita sekarang sulit sekali menentukan dimana target turunnya. karena semua Target Indikator berada diatas candle dan posisi candle juga berada diluar batas bawah Bollinger Bands.

Kondisi minggu ini, mirip seperti yang terjadi pada tanggal 3 Januari 2013, saat itu Euro turun dari 1.31711 lalu jatuh ke 1.29967 (175 pips).

Untuk itu, kalau kamu buka BUY, maka berhati-hati sajalah. :-)
heruiqbal
heruiqbal Feb 05, 2013 at 17:15
According to Trend Detector program, now is the time for us to go down.
http://dl.dropbox.com/u/3351822/downsignal.gif

But remember, this is an act of speculation, because EMA100 was still in the area of ​​Bollinger Bands. Do not follow, if you are not prepared to loss, and lost your money. :-)

OK. for friends who have participated add my DropBox disk capacity, please open your email. I've sent a trend detector program for you.

Thank you.
heruiqbal
heruiqbal Feb 06, 2013 at 15:45
@bishop22c : Yes Boss.. I think in the Time Frame 4H is valid enough to know in advance the change of trend. Thank you.
heruiqbal
heruiqbal Feb 06, 2013 at 15:48
@makmohan: Of course. I share this program is only for those who have become my referral at dropbox via this link -> http://db.tt/iOBY8QGN
heruiqbal
heruiqbal Feb 05, 2013 at 15:50
OK Guys ..
If we find a position EMA100 into the Bollinger Bands area, it means we should STOP trading. Because at this point, the direction of the market is not clear. Could rise to the top, or get down to the bottom.

If we are trading at EMA100 in Bollinger Bands area, then we will run out of money. For that, do not ever do while EMA100 is in Bollinger Bands. Today I was loss, because it forgot a rule with this EMA100.

But if EMA100 was out of area Bollinger Bands, if EMA100 out of the top, then it will go up, if EMA100 out of the lower limit then he will go down.

Hopefully we can get lucky tonight.